Mahaveers Saree Private Limited

Saree retailer with exclusive showroom, offering a wide range of traditional Indian wears and plans for expansion.

1994 | Coimbatore, Tamil Nadu (India) | Active
Last Updated:

Mahaveers Saree Profile

Key Indicators

  • Authorised Capital ₹ 8.50 M
  • Paid Up Capital ₹ 8.00 M
  • Company Age 30 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 7.20 Cr
  • Revenue Growth 21.89%
  • Profit Growth 11.40%
  • Ebitda -605.58%
  • Net Worth 7.77%
  • Total Assets -1.54%

About Mahaveers Saree

Mahaveers Saree Private Limited (MSPL) is a Private Limited Indian Non-Government Company incorporated in India on 15 July 1994 and has a history of 30 years and ten months. Its registered office is in Coimbatore, Tamil Nadu, India.

The Company is engaged in the E-Commerce Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 8.50 M and a paid-up capital of Rs 8.00 M.

The company currently has active open charges totaling ₹7.20 Cr.

Balchand Bhawarlal, Balchand Kumar, B Pankajkumar, and Two other members serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U18101TZ1994PTC005225

  • Company No.

    005225

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Jul 1994

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

E-Commerce

What products or services does Mahaveers Saree Private Limited offer?

Mahaveers Saree Private Limited offers a wide range of products and services, including Sares, Tissue Saree.

Company report

Mahaveers Saree Private Limited

Explore comprehensive data for Mahaveers Saree Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Mahaveers Saree?

Board Members (5)

NameDesignationAppointment DateStatus
Balchand Bhawarlal Country flag representing In Director 18-Jul-1994Current
Balchand Kumar Country flag representing In Director 18-Jul-1994Current
B Pankajkumar Country flag representing In Director 18-Jul-1994Current
Bhawarlal Paras Country flag representing In Director 18-Jul-1994Current
Bhawarlal Chand Country flag representing In Director 18-Jul-1994Current

Financial Performance of Mahaveers Saree.

Mahaveers Saree Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 21.89% increase. The company also saw a substantial improvement in profitability, with a 11.4% increase in profit. The company's net worth moved up by a moderate rise of 7.77%.

Mahaveers Saree revenue growth over time
Mahaveers Saree profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
21.89%
Revenue from Operations
Total Assets
-1.54%
Profit or Loss
11.40%
Net Worth
7.77%
EBITDA
-605.58%

What is the Ownership and Shareholding Structure of Mahaveers Saree?

Unlock access to Mahaveers Saree's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹72.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 6.00 Cr
  • Lakshmi Vilas Bank Limited : 1.10 Cr
  • The Lakshmi Vilas Bank Ltd. : 0.10 Cr

Latest Charge Details

DateLenderAmountStatus
03 Jun 2019Lakshmi Vilas Bank Limited₹1.10 CrOpen
04 Oct 2008Hdfc Bank Limited₹6.00 CrOpen
30 Dec 1996The Lakshmi Vilas Bank Ltd.₹0.52 MOpen
29 Feb 1996The Lakshmi Vilas Bank Ltd.₹0.22 MOpen
28 Jul 1995The Lakshmi Vilas Bank Ltd.₹0.26 MOpen

How Many Employees Work at Mahaveers Saree?

Unlock and access historical data on people associated with Mahaveers Saree, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Mahaveers Saree Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mahaveers Saree, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Mahaveers Saree's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Mahaveers Saree

Recent activity within the organization

  • Annual General Meeting

    Mahaveers Saree Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Mahaveers Saree Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

  • Charges

    A charge with Lakshmi Vilas Bank Limited of Rs. 11.00 M registered on 03 Jun 2019 with Charge ID 100267915 was modified on 20 Jun 2020.

  • Charges

    A charge with Lakshmi Vilas Bank Limited amounted to Rs. 11.00 M with Charge ID 100267915 was registered on 03 Jun 2019.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 60.00 M with Charge ID 10130947 was registered on 04 Oct 2008.

  • Charges

    A charge with The Lakshmi Vilas Bank Ltd. amounted to Rs. 0.52 M with Charge ID 90008441 was registered on 30 Dec 1996.

Frequently asked questions

  • What is the Incorporation or founding date of Mahaveers Saree Private Limited?

    Mahaveers Saree Private Limited was incorporated on 15 Jul 1994.

  • What is authorized share capital and paid-up capital of Mahaveers Saree Private Limited?

    The authorized share capital of Mahaveers Saree Private Limited is ₹ 8.50 M and paid-up capital is ₹ 8.00 M.

  • Who are the current board members & directors of Mahaveers Saree Private Limited?

    Currently 5 directors are associated with Mahaveers Saree Private Limited.

    • Balchand Bothra Bhawarlal
    • Balchand Ajeetha Kumar
    • B Pankajkumar
    • Bhawarlal Bothra Paras
    • Bhawarlal Mahaveer Chand

  • What is the registered address of Mahaveers Saree Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Mahaveers Saree Private Limited is 9/6Cross Cut Road Gandhipuram India, Coimbatore, Tamil Nadu, 641012.

  • What is the corporate identification number (CIN) and company number of Mahaveers Saree Private Limited?

    The corporate identification number (CIN) of Mahaveers Saree Private Limited is U18101TZ1994PTC005225 and the company number is 005225 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Mahaveers Saree Private Limited?

    The Official website of Mahaveers Saree Private Limited is https://www.mahaveers.com

  • What has been the recent revenue trend for Mahaveers Saree Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Mahaveers Saree Private Limited has risen by 21.89%.

  • What change has been observed in the net worth of Mahaveers Saree Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Mahaveers Saree Private Limited has experienced an upsurge of 7.77%.

  • What are the total open charges for Mahaveers Saree Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Mahaveers Saree Private Limited amount to ₹ 7.20 Cr.

  • When was the last Balance Sheet of Mahaveers Saree Private Limited filed with the ROC?

    The most recent Balance Sheet for Mahaveers Saree Private Limited was filed with the ROC on 31 Mar 2024.

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